BAP Blog Portland Oregon Real Estate Tips: Looking for a home? Consider a short sale.
Portland Oregon Real Estate Tips: Looking for a home? Consider a short sale.
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November 18, 2008, by Adam Highton

Many of the buyers I have been working with over the last few months are worried about getting a good value for their money.  One of the best ways to find a great deal when looking for a house is to consider buying a short sale home.  A short sale is a situation where a home seller owes their bank more than the house will sell for.  In this case. many sellers just want to get out of the house and the bank does not want to take possession of the property.  This can make for some fantastic opportunities right here in the Portland Oregon Real Estate market.

Short sale transactions are more complicated that a regular purchase because not only do you have to negotiate with the seller, but you also need approval from the seller's lender, who will most likely be taking a loss on the house.  The extra hassle can definitely be worth it.

I have just completed setting up a new systen to alert buyers of short sale properties in the Portland OR area so they can find the best deals first.  To sign up for this service, just fillout the form below and please put in the comments that you are looking for short sale homes.  I will then create s search for you that will show you the properties on a map with the full addresses.  If you are an investor, I can also share some powerful investment analysis tools.

Short sale are not the only bargains out there, but they tend to be some of the best.  To get started with this free Portland Oregon Real Estate short sale system, please fill ou the form below.  You can also visit my Portland OR Real Estate website for more information.

Thank you,

Adam Highton

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